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RE: Is Gold A Good Inflation Hedge? And Crude, Copper?

in #investing5 years ago

Inflation is just right behind us, this is why we need a vehicle to preserve our wealth or grow it big. Gold do have physical product and bulky to carry around. It's easily sieze by anyone and taken from you. Cryptocurrency might be good but it doesn't have inherent value.

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All assets have some problems, gold can be stolen, crypto wallets can be hacked or passwords can be lost, companies can declare bankruptcy... ==> That's why diversification is recommended.


Paper banknotes have no intrinsic value either.

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